The latest analysis shows that BTC is exhibiting a fluctuation pattern within the 4-hour time frame, with prices firmly holding the support of the middle band of the Bollinger Bands. It is noteworthy that the Bollinger Bands are slowly widening, indicating that market volatility may be increasing, while the pump momentum is also gradually strengthening.



In terms of technical indicators, the Relative Strength Index (RSI) remains in a bullish arrangement and has not yet entered the overbought zone. This signal indicates that there is still room for further release of bullish strength, and the upward trend in the market remains strong.

According to the current market conditions, investors can closely monitor potential pullback opportunities in the 3680-3650 range. If the market can break through this range, the next important target may be focused around 3750-3780.

However, it is important to note that the cryptocurrency market has always been subject to significant fluctuation. Investors should conduct a comprehensive risk assessment and develop appropriate risk management strategies before making any decisions. Additionally, continuously monitoring market dynamics, news events, and macroeconomic factors is key to grasping the market direction.
BTC-0.18%
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GhostAddressMinervip
· 9h ago
Just wait for 3750 to do it.
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GasFeeSobbervip
· 08-08 21:54
Rebound is possible.
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RektCoastervip
· 08-08 19:15
Just be bullish.
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StablecoinAnxietyvip
· 08-07 02:55
Pullback is imminent, wait to re-enter.
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TokenTaxonomistvip
· 08-07 02:54
Breakthrough is imminent, look for long positions.
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LiquidityWitchvip
· 08-07 02:54
Breakthrough will come soon.
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CryptoTherapistvip
· 08-07 02:49
Mind your RSI anxiety
Reply0
SchrodingersPapervip
· 08-07 02:34
Wait for a wave and then run.
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